What is Oddbox Delivery?
Oddbox Delivery, based in London, United Kingdom, is a company dedicated to delivering seasonal fruit and vegetable boxes, ranging from small to large sizes, directly to consumers' homes on a weekly or fortnightly basis. The company focuses on providing 'wonky' produce, aiming to reduce food waste and offer sustainable food options. This approach positions Oddbox Delivery as a key player in the growing market for ethical and environmentally conscious food services.
How much funding has Oddbox Delivery raised?
Oddbox Delivery has raised a total of $25.4M across 2 funding rounds:
Other Financing Round
$3.5M
Private Equity
$21.9M
Other Financing Round (2020): $3.5M with participation from Mercia Group Ltd
Private Equity (2021): $21.9M led by Burda Principal Investments
Key Investors in Oddbox Delivery
Burda Principal Investments
Burda Principal Investments (BPI) is a division of Hubert Burda Media, a European media and technology conglomerate. BPI focuses on providing long-term growth equity for fast-growing digital technology and media companies.
Mercia Group Ltd
Mercia Group Ltd is an investment company that provides capital to businesses. Its investment focus often includes technology and growth-oriented companies.
Undisclosed investor
An undisclosed investor participated in the funding round, contributing to the company's financial growth and strategic objectives.
What's next for Oddbox Delivery?
The recent major strategic investment signals a pivotal growth phase for Oddbox Delivery. This capital infusion is likely to fuel expansion initiatives, potentially including scaling operations to reach new markets, enhancing logistical capabilities, and further developing its technology platform to optimize delivery routes and customer experience. The company's focus on sustainability and waste reduction aligns with increasing consumer demand for eco-friendly services, suggesting a strong potential for continued market penetration and future funding rounds to support its ambitious growth plans.
See full Oddbox Delivery company page
